\textit{Panel A: High school Outcomes} & Exam grades & High school GPA & On time & Ever \\
& in 3\textsuperscript{rd} year & & HS diploma & HS diploma \\
\midrule
$\textrm{GPA\_luck}$ &      0.1359***&      0.0247***&      0.0141***&      0.0039***\\
                    &    (0.0026)   &    (0.0015)   &    (0.0011)   &    (0.0006)   \\
Mean dep. var.      &      -0.000   &      -0.000   &       0.867   &       0.962   \\
N                   &       89638   &       89638   &       89638   &       89638   \\
\midrule
\textit{Panel B: Higher Education Outcomes} & Ever & Share of available & Selectivity & Number of completed \\
& higher education & HE programs & of HE enrollment & years in HE \\
\midrule
$\textrm{GPA\_luck}$ &      0.0003   &      0.0009***&      0.2419** &      0.0070   \\
                    &    (0.0007)   &    (0.0002)   &    (0.0999)   &    (0.0056)   \\
Mean dep. var.      &       0.945   &       0.914   &      36.321   &       2.877   \\
N                   &       89638   &       84713   &       84713   &       89638   \\
\midrule
\textit{Panel C: Labor Market Outcomes} & Ever & First job annual & Employed 8 years & Annual labor income \\
& employed & labor income & after the exams & 8 years after the exams \\
& & (log) & & (log) \\
\midrule
$\textrm{GPA\_luck}$ &      0.0005   &      0.0052*  &      0.0017   &      0.0050** \\
                    &    (0.0012)   &    (0.0031)   &    (0.0014)   &    (0.0024)   \\
Mean dep. var.      &       0.823   &      12.322   &       0.740   &      12.677   \\
N                   &       89638   &       73774   &       89638   &       66343   \\
